Ferguson completes acquisition of industrial distributor FloWorks
The deal closed on August 31 after meeting conditions, expanding technical capabilities and boosting the total addressable market to $400 billion.
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Plumbing, HVAC, and building supplies supplier
ferguson.comLast updated
In short: Ferguson completed the $1.6 billion acquisition of FloWorks, joined the S&P 500 index, and raised its full-year financial outlook.
The deal closed on August 31 after meeting conditions, expanding technical capabilities and boosting the total addressable market to $400 billion.
Sales rose 4.6% to $8.8 billion, adjusted EPS increased 5.3%, and full-year guidance was raised.
The inclusion takes effect at the open on August 5, 2026, completing the company's transition to a solely NYSE-listed, North American-headquartered firm.
The delisting took effect on July 20, 2026, and Ferguson continues to maintain its NYSE listing.
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